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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Lotte shuts down health care division

Lotte Group is shutting down its health care business, terminating what was once considered one of the group’s four future growth engines, one of the country’s largest conglomerates said, Wednesday.

Dec 25, 2024By Ko Dong-hwan
Lotte shuts down health care division

SK chairman urges swift divorce ruling

SK Group Chairman Chey Tae-won is urging the Supreme Court to promptly hand down rulings confirming his divorce from estranged wife Roh Soh-yeong, escalating multiple legal actions throughout this month.

Dec 25, 2024By Nam Hyun-woo
SK chairman urges swift divorce ruling

Kumho Petrochemical donates briquettes to needy

Researchers at Kumho Petrochemical’s Central Research Center in Daejeon delivered briquettes to the underprivileged in the local community as part of their year-end charity initiatives, the company said Wednesday.

Dec 25, 2024By Nam Hyun-woo
Kumho Petrochemical donates briquettes to needy

2024 Top 10 Economic News Crisis at Samsung adds to concerns amid low growth

Samsung Electronics began 2024 on a positive note as a local court acquitted Executive Chairman Lee Jae-yong on Feb. 5 of financial crimes related to the 2015 merger of two affiliates. Additionally, its semiconductor division returned to profitability in the first quarter after five consecutive quarters of losses.

Dec 25, 2024By Yi Whan-woo
[2024 Top 10 Economic News] Crisis at Samsung adds to concerns amid low growth

POSCO recognized as world's most influential steelmaker for 15 straight years

POSCO was once again named the world’s most influential steelmaker, a title it has held for 15 consecutive years, according to rankings by a global steel industry research firm.

Dec 25, 2024By Nam Hyun-woo
POSCO recognized as world's most influential steelmaker for 15 straight years

INTERVIEW Startup pushes robotic automation to cut drone repair errors

JEONJU, North Jeolla Province — Troubleshooting mechanical defects in drones and air taxis must shift to robotic automation, rather than relying on human technicians’ sensory-based decisions, to ensure more time-efficient and error-free operations of future mobility, according to the head of Weflo, a startup specializing in technical solutions for the maintenance of advanced aerial mobility (AAM).

Dec 25, 2024By Ko Dong-hwan
[INTERVIEW] Startup pushes robotic automation to cut drone repair errors

Korean conglomerates move to strengthen ties with Trump ahead of inauguration

Korean conglomerates are having a busy year-end as they prepare for the second inauguration of U.S. President-elect Donald Trump next month. They are focusing on building connections with the incoming administration and aligning their corporate strategies with expected policy shifts in Washington.

Dec 24, 2024By Nam Hyun-woo
Korean conglomerates move to strengthen ties with Trump ahead of inauguration

Retail sector gears up for new 'Squid Game'

The country’s retail industry is piggybacking on the popularity of the upcoming second season of Netflix blockbuster “Squid Game,” as businesses — from convenience shops to department stores — launch thematic pop-up stores to attract consumers.

Dec 24, 2024By Ko Dong-hwan
Retail sector gears up for new 'Squid Game'

Air Incheon taps financial guru to oversee Asiana cargo business acquisition

Air Incheon appointed Kim Kwan-sik as its new CEO, leveraging his financial expertise for the airline’s smooth and timely acquisition of Asiana Airlines’ cargo business, industry officials said Tuesday.

Dec 24, 2024By Lee Min-hyung
Air Incheon taps financial guru to oversee Asiana cargo business acquisition

LG Electronics listed in DJSI World for 13th year

LG Electronics earned a place in the Dow Jones Sustainability World Index (DJSI World) for the 13th consecutive year, demonstrating its commitment to environmental sustainability and responsible manufacturing of consumer products, the global electronics maker announced on Tuesday.

Dec 24, 2024By Ko Dong-hwan
LG Electronics listed in DJSI World for 13th year
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